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Royal Mail sale gets under way – Belfast Telegraph

Belfast Telegraph Royal Mail sale gets under wayBelfast TelegraphCity firms will scoop fees of £50m, split between those advising the Government and the Royal Mail group. Many of the banks being paid directly by the state to handle the flotation are foreign: UBS and Goldman Sachs are lead advisers, with …

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Strong investor interest in Royal Mail float – Financial Times

Strong investor interest in Royal Mail floatFinancial TimesBritain's Royal Mail has received enough orders for all the shares on offer in its stock market flotation within hours of order books opening, suggesting that interest from institutions will be enough to overcome the threat of strikes. The UK … More: continued …

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Royal Mail privatisation oversubscribed within hours – Telegraph.co.uk

Telegraph.co.uk Royal Mail privatisation oversubscribed within hoursTelegraph.co.ukThe Government announced plans to divest up to 70pc of Royal Mail within two weeks on Friday morning and demand from institutions and private investors was said to be extrememly high after the prospectus was published later in the day. Investors have … More: continued …

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